Electronic Arts (MIL:1EA) Cash-to-Debt : 1.31 (As of Sep. 2024)

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What is Electronic Arts Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Electronic Arts's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.31.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Electronic Arts could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Electronic Arts's Cash-to-Debt or its related term are showing as below:

MIL:1EA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.96 Med: 4.45 Max: 9.5
Current: 1.31

During the past 13 years, Electronic Arts's highest Cash to Debt Ratio was 9.50. The lowest was 0.96. And the median was 4.45.

MIL:1EA's Cash-to-Debt is ranked worse than
71.75% of 577 companies
in the Interactive Media industry
Industry Median: 4.96 vs MIL:1EA: 1.31

Electronic Arts Cash-to-Debt Historical Data

The historical data trend for Electronic Arts's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Electronic Arts Cash-to-Debt Chart

Electronic Arts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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5.39

3.26

1.56

1.42

1.68

Electronic Arts Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															1.18	1.59	1.68	1.42	1.31

Competitive Comparison of Electronic Arts's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Electronic Arts's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Electronic Arts's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Electronic Arts's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Electronic Arts's Cash-to-Debt falls into.

Electronic Arts Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Electronic Arts's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3001.04	/	(60.72	+	1731.44)
	=	1.67

Electronic Arts's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2309.263	/	(62.169	+	1696.583)
	=	1.31

Electronic Arts (MIL:1EA) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Electronic Arts Cash-to-Debt Related Terms

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Electronic Arts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Electronic Arts Inc (MIL:1EA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EA:USA EA:Mexico 0IFX:UK ERT:Germany ERT:Germany ERT:Germany ERT:Germany EAIN34:Brazil EA:Austria

Address

209 Redwood Shores Parkway, Redwood City, CA, USA, 94065

Website

https://www.ea.com

Electronic Arts is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC (formerly FIFA), Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.

Electronic Arts Headlines

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